Michelle Lyons of Belize Sotheby's International Realty is one of those people. She and her husband had always dreamed of moving to Mexico from their home in Idaho but were deterred by the idea of learning Spanish. But seven years ago they discovered Belize, just south of Mexico, where the language barrier wouldn't be a problem.
Buying A Home In Belize
Canadian buyers will likely also be struck by the closing cost. As Lyons points out, property taxes in Belize are one of the biggest differences. Where in Canada, homeowners pay a monthly tax, in Belize they collect what is called a "stamp tax" or "stamp duty." The stamp tax is about eight per cent of the home and land value and is collected up front. After that is paid, the cost of owning property falls to about US$50 per year, Lyons explains.
Lyons suggests that people be open-minded about where they live. Many people are fixated on buying on an island, but there are many other options and climates, including islands, beaches, mountains, and jungle.
When setting out to buy a home, we often conjure up an image of our new home. This is the dream phase and a vital (and enjoyable!) part of determining what we need, would like to have an absolute must-have in our new home! Throw in the variable of buying a home in Belize and, likely, those dreams are going to be in technicolor!
The idea of living in Belize, a tropical paradise, is enticing. You may imagine yourself living in a beachfront casita or on one of the 450 sun-drenched cayes of Belize. However, buying real estate in Belize demands the same common sense and judgement you would use in purchasing real estate on your home turf.
I am thinking about buying property in Belize for a retirement home. I am looking at Orchid Bay north of Corozal, and Dreamscapes on the coast south of (ta && ta.queueForLoad ? ta.queueForLoad : function(f, g)document.addEventListener('DOMContentLoaded', f);)(function()ta.trackEventOnPage('postLinkInline', 'impression', 'postLinks-28276437', '');, 'log_autolink_impression');Belize City. I don't think Orchid Bay gets hit by hurricanes. I am not sure that is true of Dreamscapes. Does anyone know anything about these areas currently in development? I will appreciate any and all comments and suggestions
A native New Yorker with an adventurous spirit, Rachel moved to Latin America in 2012 to take a sales and marketing position with a regional resort and residential development company. After her first work trip to Ambergris Caye in November 2012, Rachel became enamored with the laid-back, colorful lifestyle she experienced while in-country. With trips becoming more frequent and longer over the years, in 2016 she finally decided to call San Pedro home full-time.
This property is a must see to believe.This newly built 5 bedroom, 5 bathroom home has great opportunity for anyone wanting to relocate. It's central location to Belize City and the Phillip Goldson... More details Â
Belize is no exception to the rest of the Caribbean, life here is amazing we get to live it every day! Take this opportunity and join the happy people who made Belize their second home!On the market... More details Â
Ambergris Caye is a Belizean island off the coast of the mainland where we offer top-notch real estate. This unbelievable place that we call home was rated as the TripAdvisor #1 Island in the World two years in a row! In fact, this Caribbean island is the ONLY island in the world to receive this honor two years back-to-back!
This 23 acre property operates currently as a small resort just outside of San Ignacio Town Belize. There is a large main building with a professional kitchen and owners suite. There is also a two bedroom caretaker home as well as 6 cabana rooms that can be use to run the resort or rooms for education activities. The sky is the limit with this property.Also enjoy the additional 17 acres complete with a birding trail located on the property.
Belize Hacienda Style Home and Cabin in Cristo Rey: Located near San Ignacio Town in the village of Cristo Rey, this property on 6.031 acres land, features a 5 bedroom, 4 baths home plus a 1 bedroom, 1 bath cabin. Contact us for a showing.
Luxury home of 2900 Square Foot, 3 Bedrooms, and 3 Bathrooms. Home is being sold at a terrific price for the value as to location, building construction and amenities. Click on the picture to learn more.
Beautiful custom designed Tree House in Western Belize. Imagine living in the rainforest among the natural and tranquil environment without giving up all the amenities.Check out the full details and contact us to make this home yours.
Congratulations! You have decided to purchase a home, or are thinking about buying one. You'll be joining the ranks of hundreds of families who realize that home ownership offers a number of benefits including building equity, saving for the future, and creating an environment for your family. When you own your own home, your hard-earned dollars contribute to your mortgage. The equity you earn is yours. Over time, your home will increase in value.
In the following reports, you'll find the information you need to make a wise buying decision. We'll take you through the planning process step-by-step , to help you determine which home is right for you. You'll find a host of informative articles on mortgages, viewing homes, the offer, closing details and moving.
If you have visited Belize, it is not difficult to understand why someone would want to buy land in this beautiful country. Friendly Belizean locals, sandy beaches and lush tropical foliage help make the choice very simple . Many choose Belize as their new home for their retirement, while others choose to purchase land or real estate as an investment. Perhaps you want to purchase a property for a vacation rental or even a second home. Thousands of visitors flock to Belize every year to travel the famous cave systems, relax on the gorgeous beaches, dive and snorkel the barrier reef, hike under the rainforest canopy and marvel at some of the many ancient Mayan ruin sites. All of these activities make this beautiful country a perfect choice for owning a beachfront property or even a luxury villa for a vacation home or rental.
They do an excellent job. They built 4 houses for me and delivered them in Independence Village. I highly recommend Pletts to build your dream home. They built on your taste, design and style. Thank you!
If you are considering buying a property in Belize here is something you may want to keep in mind. Some cities and towns in Belize require a building permit in order to build a home. Acquiring this is the responsibility of the landowner. For more information regarding building rights in Belize please contact Belize CBA.
There are violent crime regions that have spread to the north and west of the country as well where home invasions and violent crime were previously rare. This disadvantage includes places frequented by tourists. If someone robs you, the best advice is to follow their instructions instead of resisting. The U.S. issued a Level 2 travel advisory in 2018 for travelers to take extreme caution, avoid walking or driving at night, and to never display signs of wealth.
The pros and cons of being able to retire in Belize involve common sense. Stay away from the dangerous areas, follow the advice of your home government, and proactively plan for what you need. Then you can choose one of the retirement options provided by the government to purchase a home and enjoy an active retirement.
To develop their ranking, Realtor.com took into consideration various factors, including the home price per square meter, population growth, local homicide rate, life expectancy, gross domestic product growth, and the town's international beach ranking. The website also noted the conditions which American buyers must follow in order to invest in real estate overseas, resulting in towns with overly restrictive real-estate guidelines being excluded from the list.
It concluded that Tulum, Mexico, is the best affordable beach town for prospective homebuyers. Beyond just beautiful beaches, Tulum is also one of the top culinary towns in Mexico and home to well-preserved Mayan ruins, Realtor.com notes.
Accommodation prices vary depending on your preferences and where you want to stay. You can expect a cost of $500 for a two-bedroom apartment in Belize City. But if you prefer to have a luxury home, you can find options starting from $2,000 per month.
4. Samanà Peninsula, Dominican Republic (Price: $63,000 and up): If you have your sights set on a Caribbean getaway, the Dominican Republic is an economical choice (although we still dream of buying our very own island). DR has a large population of expats, retirees, and foreign vacay homeowners who forgo the plethora of all-inclusive resorts on the island for their very own slice of paradise. (Data via DR Properties)
Our full-service agents provide additional services to clients during the buying process like coordinating that utilities and other assets are transferred to your name. We also provide referrals for contractors, insurance companies, and more.
This gorgeous 1/4 acre parcel on Long Caye Island is a unique opportunity to acquire a an entire new lifestyle in the heart of Belize's Lighthouse Reef Atoll. Throw off the shackles of the modern world and dive right in...
Upon purchase, you'll receive everything you need to begin your new life in paradise. Inclusive in this offer is a charming recently-built cabin with every comfort of home, and a 1/4 acre parcel of the secluded L ...This gorgeous 1/4 acre parcel on Long Caye Island is a unique opportunity to acquire a an entire new lifestyle in the heart of Belize's Lighthouse Reef Atoll. Throw off the shackles of the modern world and dive right in...
Upon purchase, you'll receive everything you need to begin your new life in paradise. Inclusive in this offer is a charming recently-built cabin with every comfort of home, and a 1/4 acre parcel of the secluded Long Caye Island.
The cabin is a modern above-ground home that sleeps 8, with one queen and six single bunks. Included are all necessities such as kitchen equipment, stereo, coffee maker, high-velocity ceiling fans and lots of tools for building maintenance. A hot water propane tank, water purification unit and pump and a power system ensure self-sufficiency on your island retreat.
This entire island setup is ready and waiting. Located near some of the most famous dive sites in Belize such as Blue Hole and Half Moon Caye, you'll have no shortage of adventures after stepping out of the sterile modern world and into a new, simpler life in the tropics. And if you're hesitant to commit entirely to the island lifestyle, the property is perfect for a vacation home and easy to rent when not in use.
38c6e68cf9